{"schema_version":"secwatch.filing_event.v1","accession":"0001039828-23-000117","form_type":"8-K","ticker":"ANG-PD","cik":"0001039828","company_name":"American National Group Inc.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.983745+00:00","generated_at":"2026-06-12T03:41:08.972168+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"American Equity Q2 net income $344M; non-GAAP op income $1.62; FIA sales $1.9B; private assets 25%","bullets":["Net income $344.4M ($4.36/diluted) vs $752.4M ($8.06) YoY; non-GAAP operating income $127.6M ($1.62) flat per share YoY.","Total sales $2.0B, FIA sales $1.9B up 95% sequentially; private assets now 24.9% of portfolio ($12B+).","Investment spread 2.57% (down from 2.67% Q1); cost of money 1.85% (up 4bp); avg yield 4.42% (down 6bp).","Merger with Brookfield Reinsurance valued at ~$4.3B expected to close H1 2024; capital return plan suspended.","Cash at holdco $390M; excess capital at insurance sub >$600M; building cash position to $7-10B."],"urls":{"canonical":"https://secwatch.observer/filing/0001039828-23-000117","json":"https://secwatch.observer/filing/0001039828-23-000117.json","markdown":"https://secwatch.observer/filing/0001039828-23-000117.md","text":"https://secwatch.observer/filing/0001039828-23-000117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039828/000103982823000117/0001039828-23-000117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039828/000103982823000117/ael-20230807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T03:41:08.972168+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"29f519578788c6c04b2041b9739537f75269e642","claim":"American National Group Inc. reported the quarter ended June 30, 2023 results: net income $344.4 million, EPS $4.36 per diluted common share.","evidence_excerpt":"Second quarter 2023 net income available to common stockholders of $344.4 million, or $4.36 per diluted common share compared to net income of $752.4 million, or $8.06 per diluted common share for second quarter 2022 restated for the adoption of Accounting Standards Update 2018-12 — more commonly known as Long Duration Targeted Improvements or LDTI.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1039828/000103982823000117/0001039828-23-000117-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$344.4 million"},{"label":"EPS","value":"$4.36 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}